Pakistan’s Prime Minister Shehbaz Sharif launched a Rs20 billion ($71.4 million) Ramadan relief package aimed at aiding 4 million needy families. Despite a decrease in consumer inflation to 2.4%, many citizens continue to face financial struggles. The government is distributing Rs5,000 ($17.87) to eligible families to support them as they observe fasting during Ramadan.
On March 1, 2025, Prime Minister Shehbaz Sharif inaugurated a relief package valued at Rs20 billion (approximately $71.4 million) to assist needy families during the Islamic holy month of Ramadan in Pakistan. This initiative is intended to support 4 million families as they observe fasting, a cornerstone of Islamic practice. The government aims to distribute Rs5,000 ($17.87) to eligible families via a digital wallet system, ensuring coverage across all regions of the country, including provinces and territories such as Gilgit-Baltistan and Azad Jammu and Kashmir.
Despite a reported decline in consumer inflation, which dropped to 2.4% in January, many Pakistanis continue to experience financial challenges as Ramadan approaches. Prime Minister Sharif expressed gratitude to various institutions and international partners for their role in facilitating the fund distribution. He emphasized the significance of this financial assistance during Ramadan and noted the widespread impact it aims to have on vulnerable populations.
In the broader context, this development coincides with Pakistan’s efforts to stabilize its economy under a $7 billion International Monetary Fund (IMF) program, which is nearing its first review. The finance ministry forecasts continued stability in consumer inflation, indicating an overall positive economic outlook for the nation as it embarks on Ramadan. The relief package is a testament to the government’s recognition of the ongoing economic difficulties faced by its citizens.
The launch of the Rs20 billion Ramadan relief package by the Pakistani government reflects a significant effort to support vulnerable families during the holy month, amid declining inflation rates yet persisting economic hardships. This initiative not only demonstrates Pakistan’s commitment to helping its citizens but also coincides with broader economic stabilization efforts under the IMF program. Prime Minister Sharif’s appreciation for the collective efforts in implementing this package highlights the collaborative approach necessary to address these challenges effectively.
Original Source: www.arabnews.com
